wiar 7-08-17

Mary FanslauWhat I Am Reading

Jul 08 (Saturday)

Markets
Cross-Asset Quants Are Facing Their Worst Losses in a Decade (B)
Top Bond Buyers Are Pivoting From Best Emerging-Market Picks (B)
Rosenberg: Fed Unwinding Balance Sheet Could Impact Stocks not Bonds (BI)

Commodities & currencies
Wall Street Cash Pumps Up Oil Production Even as Prices Sag (W)
When will the US fracking spree finally slow down? (FT)
Forget an IPO, ‘Coin Offerings’ Are New Road to Startup Riches (W)

Central banks
What Will ECB Tapering Look Like? (W)
Fed Says Post-Crisis Rules May Sap Bond-Market Liquidity (B)
Fed’s Powell calls for housing finance reform (FT) | Speech
Government Policy and Labor Productivity (Fischer, FRB)

US
U.S. Added 222,000 Jobs in June; Wages Inched Up (W)
Americans Lured Back to Workforce May Also Be Limiting Pay Gains (B)

Europe
Paris rolls out ‘red-white-and-blue carpet’ for banks (FT)

US politics
GOP Tax Overhaul’s Fate Rests on ‘Big Six’ Talks (W)

Geopolitics & terrorism
US pursues North Korea funds through global banks (FT)
South Korean Leader Says He’s Ready to Meet Kim Jong Un (W)
U.S. Bombers Fly Over South China Sea, Sparking Rebuke From Beijing (W)
Trump Raises Election Meddling in Two-Hour Meeting With Putin (B)
Russians Are Suspects in Nuclear Site Hackings, Sources Say (B)
U.S., Russia Reach Deal on Cease-Fire in Southwest Syria (W)

Industries & companies
Autos: Tesla Plans Giant Lithium-Battery System in Australia (W)
Autos: Tesla battery to provide power to 30,000 homes (W)
Autos: Tesla’s Stock Selloff Messes Up Musk’s Big Week (B)
FAAMGs: Apple Expands Bet on Cutting Edge Privacy Tech (W)
Utilities: Warren Buffett’s Berkshire Hathaway is buying an electric-utility giant for $9 billion (BI)

Technology
Amazon’s Alexa has gained 14,000 skills in the last year (BI)

Offbeat
Chernobyl Radioactive Zone May Get Giant French-Built Solar Park (B)
Penn Station’s Summer of Hell Arrives Monday. Don’t Get Scorched (B)
Lake: Julian Assange Joins Trump’s War on CNN (B)